Spain urges EU to create climate adaptation fund, set binding targets
Published on: Friday 04 September 2026
MADRID, Sept 4 (Reuters) - Spain has urged the European Union to create a dedicated climate adaptation fund and establish binding adaptation targets as costs mount from accelerating climate change, which this summer triggered record heat and wildfires across the EU. Madrid calculates that European Union countries have accumulated €822 billion ($955 billion) in losses due to climate change and